Nelnet Bank and BenefitEd Help Borrowers Refinance with Trust


For Employees, For Employers | August 12, 2021

Nelnet Bank: A Powerful Refinancing Option

Nelnet has been a trusted student loan servicer for over 40 years.

So when the company decided to create an online-only bank (Nelnet Bank) in November 2020, its student loan refinancing packages were launched on a strong foundation. When Nelnet Bank launched, BenefitEd was excited to build a strong new partnership.

With the expertise and infrastructure to give student loan borrowers added support – plus a proven commitment to service – Nelnet Bank delivers an experience many other competitors can’t match. In a market where rates are often the only thing borrowers care about, Nelnet Bank is setting itself apart with service.

Beyond a focus on service, Nelnet Bank helps BenefitEd create a package that stands strong with other leaders in the industry:

  • Competitive Rates: Nelnet Bank consistently retains rates that match or beat industry leaders.
  • Flexible Options: The company offers a diverse set of repayment terms.
  • Auto Debit Savings: Borrowers who sign up for auto-debit savings receive an automatic reduction of .25% from their interest rate.
  • Fewer Fees: The company doesn’t charge origination, disbursement or prepayment fees.
  • Hardship Protection: With 24 months of hardship forbearance, borrowers are protected against unexpected loss of income.

By combining these features with a proven record in the student-loan servicing business, Nelnet Bank helps BenefitEd bring a dependable new refinancing option to the market.

Learn more about refinance options from Nelnet Bank today. Or, check their rates and use their calculator, and see how much you could save with this proven student-loan partner.